C.J. Schumann Trust

DESCRIPTION:
NE1/4 exc. 3 tracts, Section 1, T102N-R36W – 131.97 total acres

TAX ID #:
090010100 – (135.42 acres – prior to split of two tracts)

REAL ESTATE TAXES:
2025 Ag Non-Homestead Taxes - $4,938.25
Special Assessment - $6,373.75
Total Estimated Tax & Specials - $11,312.00

FSA INFORMATION:
Total Acres - 131.97± acres
FSA Tillable Acres - 128.45± acres
Corn Base Acres - 84.00± acres*
Corn PLC Yield - 152.00± bushels
Soybean Base Acres - 43.00± acres*
Soybean PLC Yield - 44.00± bushels

*FSA will recalculate bases after building site tract is split.

RENT/LEASE INFORMATION:
Buyer will have possession for the 2026 crop year.

SOIL DESCRIPTION:
Nicollet clay loam, Delft clay loam, Canisteo clay loam, Clarion loam, Truman silt loam, Dickman sandy loam, Crippin loam, Glencoe clay loam. See soil map.

CROP PRODUCTIVITY INDEX (CPI):
87.3 CPI

TOPOGRAPHY:
Level to rolling.

DRAINAGE:
Outlets – JD19 (22" County Tile) and JD 20 (SE corner of property). Substantial system tiling. See Tile Map.

CRP:
N/A

WIND ENERGY:
The Schumann farm is part of the Lakefield Wind Project. The 2025 wind rights payment was $3,630.55 from BNY. In 2011, the lease was extended 30 years to 2041. The existing contract projects payments will increase 2.5% per year.

OTHER:
There is a sealed well on the property, west of the building site. Seller will furnish a copy of the sealed well certificate.

There is a high-voltage electrical power line that runs through the Schumann property. One pole is within the boundary, others are on the property line.